3 questions lodged at 2025 Lendlease hybrid AGM
November 15, 2025
Below is the text of the 3 written questions submitted at the Lendlease hybrid AGM held on November 14, 2025. There were no protest votes.
Q1. Keyton is a great business. I don't understand why you are trying to sell down. Retirement living is booming and you should be leaning in. Are there any pre-emptive rights between the major Keyton shareholders?
Answer: The chair... Watch video of exchange via Twitter.
Q2. Could new director Lianne Buck and the chair comment on the recruitment process that led to her appointment to the board. Was a head hunter involved and did the full board interview any other candidates? Did Lianne know any of our directors or executives before engaging with the recruitment process?
Answer: The chair... Watch video of exchange via Twitter.
Q3. Best practice is now to disclose the proxy position to the ASX along with the formal addresses to offer more timely disclosure to the market? The likes of Origin Energy, NAB, Car Group, Viva Energy, Webjet, Xero, Myer, Brambles and JB Hi Fi all do this. Will you adopt this practice at next year's AGM? Given that more than 98% of voted stock is done by proxy 48 hours before the AGM, the meeting itself is essentially an election outcome announcement event. But if you don't disclose the proxies in a timely manner, we finish up debating in the dark and having to ask questions like this one. Did any of the proxy advisers recommend against the rem report and has there been a material protest vote. If so, what was the issue?
Answer: They failed to come through with this.
Copyright © 2025 The Mayne Report. All rights reserved
